Mark Reckless Welcomes £12 Million Extra For NHS In Medway

From today – 1 April – the NHS in Medway will enjoy an extra £12 million, to support key Government priorities such as the Cancer Drugs Fund, investment in talking therapies for those with mental health conditions, 4,200 extra health visitors, and support for carers’ breaks.

Spending on healthcare in our local area this year will total £435 million overall. The increase follows the decision by the Coalition Government to protect NHS investment over the next four years – investment vigorously opposed by Labour.

Across England as a whole, over £89 billion will now be spent on doctors, nurses and frontline services in the NHS – an increase of more than £2.6 billion over the year before.

Welcoming the increases in NHS funding, Mark Reckless said:

"We recognise just how important the NHS is to this country – and to patients here in Medway. That’s why the Coalition Government is protecting the NHS not just today, but for future generations.

"Next year alone, our constituency will benefit from an extra £12 million of investment going straight to doctors, nurses and other frontline services.

"Under Labour, billions of extra spending was swallowed up as the number of managers increased at five times the rate the number of nurses. Their plans would have meant cutting the NHS, denying patients the improved services we are putting in place.

"Their approach – to spend less and keep things as they are – would leave the NHS in crisis."

Mark Reckless Welcomes £12 Million Extra For NHS In Medway

Mark Reckless MP: At Last, Democracy Is Coming To Policing

Originally posted on ConservativeHome Today and tomorrow the House of Commons will put its finishing touches to the Police Reform and Social Responsibility Bill. It is a long title for one key reform, putting a directly elected individual “in charge” – as the Home Secretary put it on Monday – of each police force. That reform will have huge ramifications as power in policing shifts from the Chief Constable to the elected Commissioner. Unsurprisingly, the Chief Constables don’t much like that. However, unlike police authorities, which have spent public money fighting their own abolition, most Chief Constables, if not necessarily their Association of Chief Police Officers (ACPO), accept very professionally that it is for elected politicians to set policy under which they operate. Police authorities are generally considered to have been the weakest of the ‘tripartite’ pillars of police governance, the others being the Home Office and the Chief Constable. Our plan to deal with that, which I passed to Douglas Carswell to develop further when he replaced me at the Conservative Policy Unit in 2004, was to transfer the police authority powers to people who are elected, so as to reinforce those powers with a democratic mandate. David Cameron wrote that plan into our manifesto in 2005 and has evangelised it ever since, so much so that he appointed the hugely impressive Nick Herbert as Police Minister, having seen him make the case for democratic control of policing when leading the thknk-tank Reform. The Prime Minister then promised in July 2006 that “We will enshrine operational independence in legislation”. It is unfortunate that some concessions have since been made to ACPO, but any apparent increase in Chief Constables’ powers will surely prove illusory once they face Commissioners empowered with a democratic mandate. If this bill fails to give the elected Commissioners the power they need to deliver what the public wants, then they will come back and demand that power, and Parliament will give them the power, as we have for the Scottish Parliament and the Welsh Assembly. I will nonetheless make the case today and tomorrow for us to get it right first time, to give the elected commissioners the powers they need now, and to give a clear steer to the courts that, in the Home Secretary’s words, the elected commissioners must be “in charge”. Chief Constables must of course make operational decisions regarding investigations and arrests independently of politicians, but it is for the elected commissioners to determine policy and set priorities. Moreover, if panels of elected councillors are to scrutinise elected commissioners and potentially second-guess their budgets, then we shouldn’t need the Secretary of State to third-guess that process. It may make sense to give the Secretary of State a reserve power to require a referendum if a local council wants a really excessive council tax increase. For policing, that power would surely better be exercised in extremis by the Panel which will scrutinise the police budget and represent the local councils and electorate which would pay for a referendum. David Cameron, Theresa May and Nick Herbert are truly driving home the Direct Democracy agenda with the police. They deserve our support.

Mark Reckless MP: At Last, Democracy Is Coming To Policing

Mark Reckless MP: A Budget For Growth, Jobs And Families

Today Mark Reckless MP welcomed the Government’s Budget with its plan to reform the economy to support jobs and growth, and to take steps to help families with the cost of living – including an immediate cut in fuel duty.

Key measures in the Budget to boost growth include:

• Tax cuts for businesses and entrepreneurs
• Scrapping burdensome regulations
• Radical reform of the planning system
• New investment in science and innovation; and
• More support for young people with additional apprenticeships and work experience places.

To help families facing the rising cost of living, the Budget also will:

• Immediately cut fuel duty by 1 pence per litre and delay April’s inflation rise in duty to next January. This means fuel duty is 6 pence lower than it would be under Labour.
• Introduce a Fair Fuel Stabiliser to tax oil companies more to stop above inflation rises in fuel duty
• Increase the Personal Allowance from by a further £630 from April 2012. That’s another real increase of £48 extra per year, or £126 in cash terms. Together with this year’s rise, that means a total of £326 extra each year for those working hard to support their families. And it means, just ten months into office, this coalition Government has taken 1.1 million low paid people out of tax altogether.

Welcoming the Budget, Mark Reckless MP said:

“Last year the Chancellor in the Budget brought Britain back from the brink of bankruptcy and I am delighted that the Chancellor didn’t have to come back for more today.

Instead this year’s Budget sets out plans to back enterprise and get Britain making things again. By cutting fuel duty immediately and cutting income tax for millions the Chancellor has done what he can to help families now.

Constituents have written to me about 40p a mile approved mileage allowance not being sufficient to offset the cost of driving and I hope they will be pleased that the chancellor has listened and increased this to 45p per mile.

This Budget has put fuel into the tank of our economy.”

Mark Reckless MP: A Budget For Growth, Jobs And Families

A Question To The Prime Minister

Today is the Parliamentary debate on Libya. MPs' response to Friday's statement by the Prime Minister suggests that there will be strong support for the military action. Our Armed Forces will know that they have the backing of the whole country.

It is also important that MPs exercise oversight of how our Armed Forces are kitted out. To do this we need appropriate information from the government, so we can seek to ensure that the right procurement choices are made.

On Friday I asked the Prime Minister about the decision to decommission our current aircraft carrier capability, and whether this should now be reconsidered:



Simon Hoggart wrote up the exchange as follows in his Parliamentary sketch:

Then the laudatory slathering. Labour's Mike Gapes offered congratulations. So did the Tory Richard Ottaway, "as one of the doubting Thomases", now praising a "remarkable diplomatic success".

It was left to Mark Reckless, another Tory, to point out that the Ark Royal filled with Harriers would be the perfect weapon, except that they are being decommissioned. Mr Cameron had little response to that, except to say that other countries weren't using aircraft carriers.

I was surprised to read in yesterday's Sunday Times both that:

France, which had 20 aircraft in the air last night, will send its only aircraft carrier, the Charles de Gaulle, into acton today.

...and that...

At RAF high command in High Wycombe, Buckinghamshire, senior officers concluded that the most flexible rapid response force would be aircraft stationed on a carrier off the Libyan coast. But there was no carrier nor any planes to fly off one since the Ark Royal's Harrier GR9 jump jets had been retired in December. So the planners considered another possibility.

They wondered whether they could bring some of the Harriers back into service and deploy them on a former container ship, the Royal Fleet Auxiliary Argus, making vertical take off and landings.

A Question To The Prime Minister

Discussing Immigration Controls For Foreign Students

Discussing the Home Affairs Select Committee report on immigration controls for foreign students on Radio 4's PM programme:

Discussing Immigration Controls For Foreign Students

Mark Reckless: The Government’s bold Tourism Strategy will boost the economy in Rochester and Strood

The publication today of the Coalition Government’s Tourism Strategy will cut red tape, free up local businesses, and re-establish the tourism industry as a key priority for restoring the UK economy.

The bold proposals include a consultation on extending the tourist season by moving the first Bank Holiday in May to create a new St George’s Day holiday in England and St David’s Day in Wales.

The strategy will generate four million extra overseas visitors over the next four years, bringing an extra £2 billion worth of visitor spend in to the country and creating 50,000 new jobs.

Commenting on the publication of the strategy, Mark Reckless said,

"The Coalition’s Tourism Strategy will make a huge difference to the local economy here in Rochester and Strood.

"For too long, Labour ignored the vital importance of tourism whilst suffocating the industry with red-tape.

"After years in the Labour wilderness, tourism is finally being recognised as the crucial driver of our economy that it is."

Mark Reckless: The Government’s bold Tourism Strategy will boost the economy in Rochester and Strood

Mark Reckless MP has welcomed the announcement from Lord Hill of Oareford that the government has agreed to release funding for the feasibility phase of a new Academy to replace The Hundred of Hoo Comprehensive School.

The funding will allow the Sir Joseph Williamson’s Mathematical School, which is also converting to an Academy from April, to develop plans to establish an Academy that will cater for pupils aged 11-18 which will specialise in Media and the Performing Arts.

The Academy should open in existing buildings at Hundred of Hoo in September 2011.

Commenting on the news, Mark Reckless said:

"I am absolutely delighted that a school which was in special measures as recently as April 2009 has been turned around in such a short space of time.

I would like to congratulate Dr Gary Holden (pictured) of Sir Joseph Williamson’s Maths School along with Medway Council for achieving such an outstanding turnaround.

I would also like to congratulate all of the students and parents who stuck by the school and worked really hard to make this happen.

The Hundred of Hoo school will now benefit from the increased funding, freedoms and flexibility that Academy status brings. The school will have the freedom to manage its own budget and set its own priorities away from the National Curriculum. Students will be given the best opportunity to reach high levels of personal and academic achievement.

I really am pleased for the students who currently attend the school or who are planning on attending in coming years. Thanks to local efforts and hard work, the Hoo Peninsula will now have a first rate school to be proud of and I welcome this news.

Well done to all concerned!"

Mark Reckless MP Discusses Localism Bill

Mark Reckless MP Discusses Localism Bill

Could You Rock The House?

Mark Reckless MP is looking out for the best local musical talent and venues to represent Rochester and Strood in the recently launched Rock The House competition.

‘Rock The House’ is a music competition with a political twist; supporting unsigned bands and artists, it will raise political awareness of the importance of music and other creative businesses to the UK.

Launched by Mike Weatherley - MP and champion for the music industry - Rock The House offers entry categories covering both Live Bands and Live Music Venues - and is open for entries now.

Bands and venues are invited to enter themselves, via their local MP, who will make nominations to a judging panel of music industry heavyweights on behalf of their own constituencies.

Entries can be submitted until the closing date of 31st March 2011. Further details and the official application form are available online at: http://www.rockthehouse.me.uk/ and winners will be announced by the end of May and all competition finalists will be invited to attend an exclusive star-studded event on the Terrace of the House of Commons on 30th June.

Local bands and venues in the Rochester and Strood constituency are asked to email rockthehouse@markreckless.com or send in a CD/DVD with details to his constituency office at Mark Reckless MP, Suite 6, 4A Castle View Mews, Castle Hill, Rochester ME1 1LA.

Sponsors and supporters include: UK Music, Future Publishing, EMI, Yamaha, Consumer Focus, Incorporated Society of Musicians, and All Party Parliamentary Group on Music (APPG).

Could You Rock The House?

Mark Reckless MP Congratulates Medway Council

Mark Reckless, Member of Parliament for Rochester and Strood, congratulates Medway Council for finding £23 million of required savings, whilst protecting front line services.

Mark said:

"This is an excellent testament to the work done by my Conservative colleagues on Council to ensure that residents still get good services and an efficient Council. We understand the need for Councils to make cuts, in the same way as our residents and their families have had to, and I praise the responsible way in which Medway Council, and in particular Finance Chief Councillor Alan Jarrett have done this with minimal impact to our Medway residents.

What we do not understand is why similar cuts are not being made to the E.U. budget. We are delighted that other councils are following our lead and calling for MPs to force cuts to the E.U. budget similar to the ones local councils have had to make".

Mark Reckless MP Congratulates Medway Council

Mark Reckless MP On Unjustified CRB Checks

Mark Reckless MP discusses the issue of councils carrying out unjustified CRB checks for job applicants

Mark Reckless MP On Unjustified CRB Checks

Mark Reckless MP: The Case For An In/Out Referendum On Europe

Speaking yesterday (1st February 2011) in the House of Commons during the debate on the European Union Bill, Mark Reckless MP puts forward the case for a straight In/Out Referendum on the United Kingdom's membership of the European Union.

Mark Reckless MP: The Case For An In/Out Referendum On Europe

Green Light For Damhead Creek 2

Mark Reckless MP has welcomed the announcement by the Department of Energy and Climate Change that consent has been granted for the construction of a 1000MW gas-fired power station at Damhead Creek on the Hoo Peninsula.

Speaking shortly after the announcement by the DECC, Mark Reckless said:

"There has been a growing need to improve the the South East's energy security for some time.

This new station will be one of the most efficient power plants in the world, and will produce relatively low CO2 emissions. It will also be built carbon capture ready meaning it can be retrofitted at a later stage once this experimental technology has become commercially viable.

Given the rural nature of the Hoo Peninsula, particularly the Marshes Special Protection Area, it is reassuring to hear that Natural England have confirmed that the proposed development will not adversely affect the local environment.

I especially welcome the commitment from Scottish Power to provide employment for local residents, particularly in light of the pending closure of Kingsnorth due to EU regulations.

After years of dithering under the last government, we are now taking the steps needed to secure our country's future energy supply whilst providing new jobs locally."

Green Light For Damhead Creek 2

Mark Reckless MP 'Delighted' To Present Medal To Local Hero

Mark Reckless MP was delighted to present local hero James Hargreaves with his GSM Medal with clasp Near East after taking up his case with the Ministry of Defence (MoD).

Picture: Mark Reckless MP with local hero James Hargreaves. Photo courtesy of Medway Messenger.

James, of Cliffe Woods, had previously been unable to get the MoD to accept his claim for the medal following his service with the 40th Field Regiment Royal Artillery during the Suez Crisis in 1956.

Mr Hargreaves sailed out from Cardiff on the US ship S.S. Kingsbury to the conflict zone with a small complement from his Regiment.

Although the ship was on the list of those eligible for the GSM with Near East clasp, the MoD had previously turned down James's request for the medal as the deployment was not shown on his service record.

In a bid to resolve the situation James turned to Mark Reckless to help break the deadlock with the MoD, and Mark was more than happy to take up the case on behalf of his constituent.

After contacting the Medal Office asking them to review Mr Hargreaves' case, the MoD wrote back to advise they would look into the matter. Shortly thereafter the MoD confirmed that, following Mark's intervention, they had agreed to issue the medal to James for his service during the Suez Crisis.

Speaking after meeting Mr Hargreaves, Mark said:

"I was absolutely delighted when I heard that the Medal Office had agreed to issue Mr Hargreaves with his GSM with clasp Near East.

Mr Hargreaves had tried for a long time to get the Ministry of Defence to review his claim for the medal, but had had no joy in doing so and subsequently asked for my assistance.

I was able to write to the MoD as Mr Hargreaves' Member of Parliament to insist they look into the case, and I am glad to report that the matter has now been resolved to my constituent's satisfaction.

Being able to help people like Mr Hargreaves was the primary reason why I entered politics. Casework is a large part of the role of being an MP, and I am honoured to be in the position to help a local hero like James gain the recognition he so richly deserves.

It was an absolute pleasure to meet James in person and thank him for his service to our country. I hope the medal will be a source of pride and pleasure for him for many years to come."

In response to the meeting, James Hargreaves said:

"I'd like to thank Mark most sincerely for his help and assistance in procuring my GSM and clasp Near East. I am sure that without Mark's help I would still be trying to obtain it.

Thank you again."

Mark Reckless MP 'Delighted' To Present Medal To Local Hero

Local Residents Work 22 Days Just To Pay Labour's Debt Interest

New research has shown that someone on average earnings in Rochester and Strood will spend 22 days just paying the interest on Labour’s debts.

Labour left the country with an annual overspend of £156 billion, greater than at any point in our peacetime history. Money spent just paying the interest on their £790 billion debt bill is money that could otherwise be spent on front line services.

Commenting, Mark Reckless said:

“Labour’s addiction to debt means each and every taxpayer now has to spend weeks of the year working just to pay the interest bill.

“If we listened to Labour the debt would be £100 billion higher. They must never be put in charge of our public finances again.”

NOTES TO EDITORS

New research has shown that someone on average earnings in Rochester and Strood will spend 22 days just paying for Labour’s debt interest bill. Labour left office with the country owing £790 billion, more than at any time in our peacetime history (HM Treasury, Public Finances Databank, Table Key M, link).

The independent Office for Budget Responsibility forecasts debt interest spending of £42.7 billion in 2010-11 (OBR, Economic and Fiscal Outlook, Table 4.14, link). There are 30.5 million taxpayers, so on average each taxpayer will pay £1,400 in debt interest (HMRC, Number of individual income taxpayers, link).

Figures from the ONS show median earnings in Rochester and Strood are £22,959 (ONS, Annual Survey of Hours and Earnings, Table 10.7a, 8 December 2010, link).

This means that 6.1 per cent of an average person’s income goes on debt interest.

This works out at 22 days spent just paying for debt interest.

Local Residents Work 22 Days Just To Pay Labour's Debt Interest

Southeastern ‘Not Fit For Purpose’

Mark Reckless MP calls for 'not fit for purpose' Southeastern Trains to be stripped of its franchise 'as soon as possible’.

Following Southeastern's Nightmare before Christmas where the managing director of the rail firm, Charles Horton, was hauled into Westminster to explain to Kent MPs the company's abysmal failure to cope with the snow at the start of December, Mark has slammed Southeastern's decision to increase season ticket prices by 9% or £276 for hard-pressed commuters in Rochester and Strood.

Speaking on the subject, Mark said:

"I have become increasingly frustrated with Southeastern Trains. I have tried very hard to work with Southeastern to help it deal with the concerns of rail users in the Rochester and Strood area, but I have now come to the conclusion that the company is not fit for purpose.

Southeastern's attitude to its customers is, in my opinion, nothing short of disgraceful. I have received numerous complaints from constituents regarding the level of service, or lack thereof, provided by Southeastern. As a regular commuter myself, I sympathise very strongly with hard-working taxpayers who are basically being held to ransom by a company which appears to have little interest in delivering a decent service to commuters, let alone one that provides value for money.

As a former City economist, I simply cannot make sense of Southeastern's justification for the distribution of the latest fare increases.

The average income in Medway is less than many other areas of Kent, e.g. Maidstone and Faversham (which enjoy comparable fares), and there is very strong competition from local commuter coach companies. One would have thought therefore that Southeastern might use the flexibility it now has to hold fare increases in Medway below the average, yet they are imposing a 9% increase in fares, higher than the 7.8% average they are allowed. Southeastern's actions are looking increasingly commercially self-defeating.

This is not the action of a sensible competitor and is simply unjustifiable. Why should commuters to London from Strood and Rochester pay the same as those from Rainham and nearly as much as those who commute twice the distance from elsewhere in Kent?

Having worked closely with Chris Irvine’s Medway Fares Fair campaign (pictured right), I have long considered, but not previously accepted, their argument that Southeastern should be stripped of its franchise.

However, the distribution of these latest fare increases, combined with the news that Southeastern commuters will not enjoy an automatic season ticket discount despite the pitiful performance in December, suggests that Southeastern Trains is beyond redemption.

The company is simply treating the Kent franchise as a cash cow and does not even appear to be making decisions which are commercially sensible. Southeastern should be stripped of the franchise as soon as possible."

Southeastern ‘Not Fit For Purpose’

Mark's Christmas Message 2010

Mark has recorded the following message to constituents and would like to take this opportunity to wish you all a Merry Christmas and a Happy New Year!

Mark's Christmas Message 2010

Support Ireland, Not The Euro

Mark Reckless MP speaking in the House of Commons during the Second Reading of the Loans To Ireland Bill on 15th December 2010



Mark's speech was made following a series of questions in the chamber on the issue of the Irish bail out, starting with a question to the Prime Minister David Cameron during PMQs. These are set out below (courtesy of TheyWorkForYou.com)

Loans to Ireland Bill (Allocation of Time): Loans to Ireland Bill (15 Dec 2010)Mark Reckless: The package is described as a bail-out of Ireland, but it is important that we recognise that Ireland has not asked for the bail-out and that it is not the package that the Irish would have wished. Ireland and the IMF proposed to write down bank senior debt-that is, default on an element of that debt-because they recognised that it would be very difficult, although not impossible, for Ireland...

Loans to Ireland Bill (Allocation of Time): Loans to Ireland Bill (15 Dec 2010)Mark Reckless: All we are doing is passing on to Ireland the quarter per cent. or so of benefit that we gain by being a better creditor than the eurozone. Most hon. Members feel that we should help Ireland, but I agree with my hon. Friend that it is not necessarily helpful to Ireland to have a huge amount of extra debt on top of the great debt it already has. On that basis, I understand his point.

Loans to Ireland Bill (Allocation of Time): Loans to Ireland Bill (15 Dec 2010)Mark Reckless: Will my right hon. Friend confirm that, notwithstanding previous assurances, this loan will not rank pari passu with the EU funds extended under the mechanism, but will be subordinated to them?

Loans to Ireland Bill (Allocation of Time): Loans to Ireland Bill (15 Dec 2010)Mark Reckless: It is enormously welcome that this country is working with Iceland and Ireland to support them in these very difficult times. The Chancellor has mentioned the current 7.5-year swap rate; can he tell us how much higher it is than when he first announced our participation in this bail-out?

Loans to Ireland Bill (Allocation of Time) (15 Dec 2010)Mark Reckless: We may have heard one or two "Hear, hears", and I am certainly someone who wants to speak on Second Reading, but let me make clear my appreciation for what my hon. Friend is doing. Any responsibility for the curtailment of time for Back Benchers should rest squarely where it belongs, which is with those on the Treasury Bench.

Oral Answers to Questions — Northern Ireland: National Asset Management Authority (15 Dec 2010)Mark Reckless: What assessment his Department has made of assets held by the Republic of Ireland's National Asset Management Agency in Northern Ireland; and if he will make a statement.

Oral Answers to Questions — Northern Ireland: National Asset Management Authority (15 Dec 2010)Mark Reckless: Given the difficulty NAMA is having in managing these assets and the Republic's already over-indebted situation, would it not make sense for us to take some of those assets off its hands, as consideration for financial support we may give?

Oral Answers to Questions — Prime Minister: Engagements (15 Dec 2010)Mark Reckless: The BBC reports that the German Finance Minister wants to set an interest rate to punish Ireland. Will the Prime Minister confirm that this country wants to help Ireland?

Support Ireland, Not The Euro

Statement On Tuition Fees

Yesterday in a tense and emotional atmosphere, with student protest around Parliament, MPs voted by 323 to 302 votes to raise tuition fees from just over £3000, to £6000, and potentially to £9000.

I was one of the 302 who voted against that government proposal. Five other Conservative and twenty one Liberal Democrat colleagues joined me in the 'No' lobby. It is not easy to vote with only a minority of my side of the House but I know that it was also not easy for many MPs who did vote with the government to make their decision. I also pay tribute to Tracey Crouch MP who was as principled in her abstention as those of us who voted either for or against.

I found it particularly difficult to justify the suddenness of the move with one student required to pay only around £3000 but then another student, potentially a sister just one year behind at school, expected to pay two or three times more with very little warning. I also believe that as MPs we should make decisions and whenever possible try and explain those likely decisions before an election, rather than use a report from someone who is not elected, however distinguished, to justify a decision (the Browne Report).

I was enormously impressed by the students who put their case to me on this issue. They asked me why they should have to pay so much when Welsh and Scottish and in many cases EU students did not have to pay at all. I then showed David Willetts, the universities minister, detailed statistics showing that 46% of EU students due to repay a loan from the British taxpayer were in default. I have also asked govenment ministers how thay can justify an 80% decrease in grant to universities in the context of a 60% increase in our net payments to the EU.

I cannot justify it, and voted accordingly.

Statement On Tuition Fees

Over A Third Of Irish Want To Leave Euro For Pound

I commissioned top Irish pollster RED C to ask the following question to a representative sample of 1,000 people across the Republic of Ireland between 29/11/10 and 1/12/10:

“In light of the current financial crisis, would you support Ireland leaving the Euro and re-establishing a link with the pound sterling, or not?”.

Over a third of the sample answered ‘Yes’.

Support was strongest among the younger age groups and people with children. A majority of those who have already lost their jobs want Ireland to leave the Euro and return to sterling. Even 43% of Sinn Fein supporters now want to return to the pound (see full results).

In the 1990s I was UK Economist for Warburgs and argued that “the UK and Ireland would be especially badly affected by monetary union with the Continent” with Irish bank lending exploding out of control under EMU (see link1 and link2). The fall-out from that has now caused ruling Fianna Fail to fall behind Sinn Fein, even losing in my grandfather’s old seat in Donegal (Henry McDevitt TD 1938-43).

The EU thinks it can order whoever forms Ireland’s new government to slash spending and hike taxes to bail out the European Central Bank (ECB) and European investors in Irish banks. The EU is also demanding that the Irish people submit weekly reports on what they spend and is imposing an interest rate which is intended to punish rather than help.

Such behaviour by the EU may be a miscalculation because it rather assumes that the Irish have nowhere else to go. That is not the case. Individually tens, and perhaps soon hundreds, of thousands are emigrating to England and elsewhere to escape the Carolingian economic settlement.

Collectively, Ireland wants to renounce its politicians’ self-serving guarantee of senior bank debt but, despite IMF support, this has so far been vetoed by the EU and the ECB. Ireland also needs monetary policy better suited to its economy so as to avoid repeated boom-bust cycles in bank lending under the Euro.

The EU may successfully bully Greece or Spain, calculating that it would be too risky for them to reintroduce their own currency, but Ireland has another option. Already over a third of Ireland want bilateral arrangements with the UK, instead of what is on offer from the EU and the Euro, and that is before the EU measures begin to bite.

Over A Third Of Irish Want To Leave Euro For Pound